Battle brews for UAE healthcare dominance and Al Noor control - FT.com:
"A hostile takeover battle is brewing in London for dominance in the lucrative private healthcare market of the UAE.
South Africa’s Mediclinic on Wednesday agreed a reverse takeover of London-listed Al Noor Hospital Group of Abu Dhabi. Shares in Al Noor soared 17 per cent on Wednesday to £11.62 a share, valuing the company at more than $2bn.
The deal sparked a quick response from NMC Health, another group based in the UAE capital and also listed on the London Stock Exchange, which said it would continue to pursue Al Noor."
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